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The Clean Air Act of 1972 required some companies to install the "best available" pollution control technologies. This is an example of: A. a pollution tax B. the government using a subsidy to encourage a negative externality. C. the government using the command approach to discourage a negative externality D. A market pollution permit E. the government using the command approach to encourage a positive externality.
After reading Chapter 8 in the text and viewing the required video for this week, Fixed, variable, and marginal cost, address the following in your initial post: First, describe several different fixed costs and variable costs associated with operati..
An asset was purchased for $70,000, has a salvage value of $10,000, and has a useful life of 10 years. If the asset is placed in service on May 1 { the company's fiscal year runs from January 1 to December 31 },, what is its straight line depreciatio..
Suppose you start telling your friend about the Price and Wolfers finding that NBA referees appear to be racially discriminatory. Your friend looks at their data, and (correctly) finds that white referees call fewer fouls per 48 minutes on black play..
What do Keynesian and New classical economists believe about macroeconomic policy. Which role of thinking do you think you would fit in?
Suppose the Federal Reserve raises its federal-funds-rate target from 0.38% to 1.00%. Explain, both verbally and with a graph of the market for bank reserves (federal funds), how the Fed would conduct open-market sales in order to raise the federal f..
How much would you be willing to pay for this security if his market interest rate is 6%? Suppose that you have just purchased the security, and suddenly the market interest rate falls to 5%. What is the security worth?
How much money was deposited each year for 5 years if the account is now worth $100,000 and the last deposit was made 10 years ago? Assume the account earned interest at 7% per year.
Differentiated goods are NOT a feature of a:
In his State of the Union speech in January, 2012 (and throughout the following campaign), President Barack Obama stated, “We’ve brought trade cases against China at nearly twice the rate as the last administration –- and it’s made a difference. Over..
What is required before the state can restrict/regulate your use of real property? Why does the law require special steps be taken for the formation of joint tenancy?
How are the identities S = NCO + I and NCO = NX related to the foreign-currency exchange market and the loan able funds market?
Money Demand =8750-500i Loanable Funds Demand = 2000 –100i Initial Reserves: $500 Y1=15600 Y2=14000 Reserve Ratio: 8% MPC=0.8 Tax Revenue: $1100 Govt Purchases: $1000 Suppose the Government is implementing fiscal policy. What is the new level of Gove..
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